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The owners of this new business have been in the manufacturer's representative business for about 20 years and in 2021 they established this 3PL business, located in the Tampa, FL metropolitan area, to assist their customers who were experiencing COVID-driven inventory overflow issues which many retailers were having. Vendors of theirs were unable to to get orders due to overstock problems and they decided to provide a complete shipping solution, including warehousing and shipping services to e-tailers, mail order houses, eBay and Amazon sellers and wholesale distributors serving the consumer and business market places. The company seeks to help customers seamlessly ship their products quickly and easily, whether B2B or D2C. Customers are provided with simple but efficient processing at fair value and the owners firmly believe that relationships and detail-oriented customer service are important. This 3PL business excels in managing a diverse array of products, anything from home decor to apparel to perishable food products; they are particular adept at assisting businesses with inventory overflow and other unique fulfullment challenges. There are many existing customers and new customers are regularly being on-boarded. Since opening its doors in 2021, the business has experienced strong growth and profitability. Over this four year period, annual sales have averaged $153,000 and 2025 revenue is expected to exceed $253,000. Similarly, over the same period, Seller's Discretionary Earnings (SDE) have been positive every year including the first year and have averaged $39,000; 2025 full year SDE is expected to be $78,000.
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